Samos Properties

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Well known cafe – bar Aeolus on ground floor and apartment on first floor in Kokkari

€285,000

The property is favorably located on the famous seaside promenade of the picturesque and traditional village of Kokkari.

It is a plot of 138.50 square meters area and there is a two floor building standing on it.

The ground floor of 86.10 square meters area was the well known café bar Aeolus.

A separate entrance leads to the first floor apartment of 86.10 square meters area featuring 3 bedrooms, kitchen and sitting area and a bathroom. There is a balcony of 15 square meters offering breath taking views of Kokkari bay and the Aegean Sea.

It is an ideal investment either for own use or for renting the building out offering a great return due to its unique location.

Currently the ground floor is rented out as a storage area for 1000euros per month. The apartment is not used for the last few years but when it was rented out it achieved high rentals per night during the season. Great value for money.

It has to be noted that the building has exclusive rights to the sitting area on the beach and the business can serve at least 120 sited guests.

The building needs some minor repairs and can be fully operational in a very short time.

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